Cambodia and Thailand have agreed a deal on traffic, allowing the daily exchange of trucks crossing their borders, in an effort to boost trade and tourism links between the two countries.
A memorandum of understanding to this effect was signed in Phnom Penh on Sept. 17 on the sidelines of the 2nd Greater Mekong Subregion (GMS) Economic Corridors Forum--a meeting of ministers from the six countries through which the Mekong River flows--according to the Phnom Penh Post’s website.
The deal will initially allow 40 trucks from each side to cross daily. The quota is expected to be raised progressively.
The MoU is part of efforts to carry out the Cross-Border Transport Agreement (CBTA), which was signed by the member countries of the GMS – Cambodia, China, Laos, Myanmar, Thailand and Vietnam – in 1999 as a framework for streamlining intraregional trade./.
A memorandum of understanding to this effect was signed in Phnom Penh on Sept. 17 on the sidelines of the 2nd Greater Mekong Subregion (GMS) Economic Corridors Forum--a meeting of ministers from the six countries through which the Mekong River flows--according to the Phnom Penh Post’s website.
The deal will initially allow 40 trucks from each side to cross daily. The quota is expected to be raised progressively.
The MoU is part of efforts to carry out the Cross-Border Transport Agreement (CBTA), which was signed by the member countries of the GMS – Cambodia, China, Laos, Myanmar, Thailand and Vietnam – in 1999 as a framework for streamlining intraregional trade./.
